Choose to buy a mini apartment without a pink book because the house price is too high
Mr. Bui Minh Duc (Yen Thuy district, Hoa Binh) works as an employee at an IT company in Hanoi, with a basic salary of about more than 20 million VND/month. After nearly 7 years of saving and deducting expenses for the whole family, Mr. Duc and his wife have saved nearly 900 million VND. Since the end of 2024, his family has started looking to buy a house, but with the current amount of money, Mr. Duc has been unable to find any projects to buy.
"The price of housing in Hanoi is currently too high compared to a salaried employee like me. My wife and I have searched for many months, even going to the suburbs like Hoai Duc and Long Bien, but still have not found a suitable house. Although we have 900 million VND in savings and borrowed an additional 600 million from both families, we still do not have enough to buy a house" - Mr. Duc shared.
helpless in looking to buy a house in projects, Mr. Duc and his wife switched to looking to buy mini apartments. Although meeting basic needs for location and price, most of these apartments do not have pink books. "After nearly half a year of finding a house with a budget of about 1.5 billion VND and not being able to buy a house, my husband and I started looking to buy a mini apartment. Apartments like this are priced within the budget, live near the workplace but do not have a pink book. We can only buy by buying and selling documents. Knowing that there are potential risks, especially in fire prevention and fighting, but because his wife is about to have a second child, if renting an apartment with enough space for 5 people, it will cost over 10 million VND/month. After thinking twice, we had to take a risk to buy a mini apartment in Nam Tu Liem district for 1.6 billion VND," Mr. Duc shared.
Publicly announcing the sale of mini apartments without pink books
On the "Mini Apartment Buying and Selling" group, an account named Lam Cao is an active member, regularly posting advertisements for buying and selling houses and receiving many interactions.
"The building is designed in a modern style, fully decorated with a interior, area of 35-50m2. The price is from over 1 billion VND, the legal documents are clear, and it is ready to be traded. High discounts for customers who pay early. Directly contact the investor: 0981979xxx", the social network account named Lam Cao advertised.
Contacting the above phone number, we met a man named Duy Tuyen - who introduced himself as a project broker. After knowing that we were customers looking to buy a house, this person said that although the house had not been granted a pink book, it could only be bought and sold by making a document, but after a week of selling, half of the apartments had already been sold.
"My house has 2 types of apartments: 1 bedroom and 2 bedrooms, area from 35m2 - over 50m2, if you buy, the investor will make a contract to buy and sell the micro-ts with you. This apartment was only completed after Tet, has 30 apartments, and has now sold more than half of them. Because selling mini apartments is effective, this investor built 2 houses, 1 house inside the alley will be cheaper than the house on the street. The address is in lane 57 Me Tri (Nam Tu Liem, Hanoi), if you don't have to be quick, you can't buy it", Duy Tuyen - a broker of mini apartments in Nam Tu Liem district informed.
No record can be made to transfer real estate without supporting documents
Article 37 of Decree 08/2020/ND-CP stipulates the following cases that are not allowed to be recorded:
- Confirm the content and signing of the contract or transaction as prescribed by law within the scope of notarization and certification activities; confirm the accuracy, legality, and no conflict of social ethics of the translation of documents and papers from Vietnamese to foreign languages or from foreign languages to Vietnamese; confirm the signature and copy to the original.
- Record events and acts to transfer land use rights and ownership of assets without documents proving land use rights and ownership rights according to the provisions of law.
Pursuant to the above provisions, it is prohibited to redistribution and re-issuance of documents to: Record events and acts to transfer land use rights and assets without documents proving land use rights and ownership rights as prescribed by law.
